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4707 County Rd 389 3,440 SF Retail Building Lynn Haven, FL 32444 $1,995,000 ($579.94/SF) 8.02% Cap Rate

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Executive Summary

Rare large-format gas station / C-store opportunity featuring nearly 3,500 SF of newer construction on a signalized corner along Highway 389. The property spans 3.6 total acres, includes 16 fuel pumps, and offers a vacant 2-acre development parcel directly behind the store for future expansion, complementary retail, or redevelopment. Existing tenant pays $160,000 NNN through February 2027 with only one year remaining and no intent to renew. Exceptional opportunity for an owner-user, fuel operator, or investor to acquire a high-visibility site at an aggressive basis with immediate upside.

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Building Size

3,440 SF

Year Built

2007

Price

$1,995,000

Price Per SF

$579.94

Cap Rate

8.02%

NOI

$160,000

Tenancy

Single

Building Height

1 Story

Building FAR

0.02

Lot Size

3.60 AC

Zoning

UND

Parking

23 Spaces (6.69 Spaces per 1,000 SF Leased)

Major Tenants

Retailer
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Access to energy underpins human comfort, mobility, economic prosperity and social progress. It touches nearly every aspect of modern life. Over the course of its long history of more than a century, ExxonMobil has evolved from a regional marketer of kerosene to an advanced energy and chemical innovator, and one of the largest publicly traded companies in the world. An industry leader in almost every aspect of the energy and chemical manufacturing businesses, they operate facilities or market products in most of the world’s countries, explore for oil and natural gas on six continents, and research and develop next-generation technologies to help meet the dual challenge of fueling global economies while addressing the risks of climate change. Worldwide, ExxonMobil markets fuels, lubricants and chemicals under four brands: Esso, Exxon, Mobil and ExxonMobil.